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Ratio Analysis Practice Redwood Materials Redwood Materials' financial ratios for the last two years, along with the industry averages, are shown below. Interpret these ratios

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Ratio Analysis Practice Redwood Materials Redwood Materials' financial ratios for the last two years, along with the industry averages, are shown below. Interpret these ratios and suggest Ivhat actions, if any, the company should take to improve its performance. Year 1 Year 2 Industry average Current ratio Acid test Net profit margin (%) Stock turnover (days) Debtor days Creditor days ROCE (%) Gearing (%) 2.5 0.8 15 85 106 81 18 40 2.2 0.7 18 101 95 96 22 60 2.1 0.9 14 90 75 55 16 45 Facebook Take a look at the Facebook case study under Files on Managebac and calculate ratios for the four years given. Some are given in the case study so you can double-check with those. Others are calculated that you haven't learned. Analyze what these ratios say about Facebook's performance over those four years

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